Iridium Communications Inc. (NASDAQ: IRDM) recently appointed Monique Shivanandan to its board of directors, effective immediately. Shivanandan, who has an extensive background in cybersecurity and telecommunications, brings a wealth of experience from senior executive roles in leading banking and financial institutions. Her previous roles include serving as the Group Chief Data & Analytics Officer at HSBC Holdings PLC and as the Chief Information Security Officer at HSBC.
Shivanandan's earlier career experiences include serving as the Chief Information Officer at insurance company Aviva PLC and Chief Technology Officer at financial services company Capital One Financial Corporation. She has also held roles at telecommunication companies Bellsouth and BT Group PLC. Shivanandan is currently the chairwoman of the board for Sepio, a cybersecurity asset risk management company.
In terms of her previous board service, she served on the board of directors of Network International, a digital commerce solutions provider, from 2021 to 2024, and on the board of managers of J.P. Morgan Securities from 2014 to 2018. Shivanandan is considered an independent director under applicable rules and regulations and will serve on the compensation committee.
Iridium Communications Inc. is a leading provider of global voice and data satellite communications and is the only mobile voice and data satellite communications network that spans the entire globe. The company's common stock trades on the NASDAQ Global Select Market under the ticker symbol IRDM.
In 2024, Iridium acquired Satelles and announced the Iridium Satellite Time and Location Service. The company is headquartered in McLean, VA, U.S.A.
For more information about Iridium Communications Inc., please visit their website at www.iridium.com. As a result of these announcements, the company's shares have moved 2.51% on the market, and are now trading at a price of $29.36. For more information, read the company's full 8-K submission here.
